Month: February 2023

How to trade bull and bear flag patterns?

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In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend continuation indicators. There are two types of flag patterns: bull flag and bear flag. While their outcomes are different, each flag exhibits five key characteristics, as listed below: The strong preceding trend (flagpole or pole) The consolidation channel (the flag itself) The trading volume pattern A breakout A confirmation of the price moving in the direction of its previous trend. In this article, we…

Cointelegraph’s Top 100 unveils 3rd place in 2023 ranking

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Cointelegraph kicks off the final three spots in its annual Top 100 list, revealing each of the top 3 individually. Taking the No. 3 spot is Binance founder and CEO Changpeng “CZ” Zhao. Zhao leads one of the crypto industry’s largest organizations, Binance — a crypto exchange that has its hand in several other industry endeavors. Zhao took the No. 51 spot on Cointelegraph’s 2022 Top 100 list. The CEO has talked favorably about decentralization, despite Binance being a major player in the centralized crypto exchange space. DISCOVER COINTELEGRAPH’S TOP…

Binance Partners Ingenico for Payment Solutions in France

It is expected that somewhere along the line, both parties will come up with a bigger solution that will allow payments to merchants in fiat currency. Crypto industry giants such as Binance have continued to exert their dominance despite the industry’s recent slump. According to a Twitter announcement, Binance has struck yet another partnership deal with Ingenico for digital assets payment solutions in France. This partnership follows after the cryptocurrency exchange recently obtained regulatory approval in the region. For what it’s worth, Binance is keen on expanding its tentacles across…

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead – Technology Bitcoin News

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Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain. Digital Collectibles Are Now Possible on Litecoin Proponents of the cryptocurrency network Litecoin (LTC) were pleased to hear that Ordinal inscriptions are now possible on the network. Software developer Anthony Guerrera accepted a challenge to…